Stepan Co. Files 8-K on Financial Condition and Operations
Ticker: SCL · Form: 8-K · Filed: Feb 20, 2024 · CIK: 94049
| Field | Detail |
|---|---|
| Company | Stepan Co (SCL) |
| Form Type | 8-K |
| Filed Date | Feb 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1, $0.375 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, operations, 8-K
TL;DR
**Stepan Co. just dropped an 8-K on its financial results, so keep an eye out for details on their performance!**
AI Summary
Stepan Company filed an 8-K on February 20, 2024, reporting on its results of operations and financial condition. The filing indicates the company's current address as 1101 Skokie Boulevard, Suite 500, Northbrook, IL 60062, and its telephone number as (847) 446-7500. This report was filed under the Securities Exchange Act of 1934, with a Commission File Number of 1-4462.
Why It Matters
This filing provides an update on Stepan Company's financial health and operational performance, which can influence investor decisions and market perception.
Risk Assessment
Risk Level: low — The 8-K filing itself is a routine disclosure of financial condition and operations, not indicating an immediate high-risk event.
Key Players & Entities
- Stepan Company (company) — registrant
- February 20, 2024 (date) — date of report
- 1-4462 (dollar_amount) — Commission File Number
- 1101 Skokie Boulevard, Suite 500, Northbrook, IL 60062 (company) — principal executive offices address
- (847) 446-7500 (dollar_amount) — registrant's telephone number
FAQ
What is the purpose of this 8-K filing by Stepan Company?
The 8-K filing by Stepan Company is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, reporting on Results of Operations and Financial Condition, and Other Events.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is February 20, 2024.
What is Stepan Company's Commission File Number?
Stepan Company's Commission File Number is 1-4462.
Where are Stepan Company's principal executive offices located?
Stepan Company's principal executive offices are located at 1101 Skokie Boulevard, Suite 500, Northbrook, IL 60062.
What is the registrant's telephone number?
The registrant's telephone number is (847) 446-7500.
Filing Stats: 523 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-02-20 07:00:22
Key Financial Figures
- $1 — nge on which registered Common Stock, $1 par value SCL New York Stock Exchan
- $0.375 — ly cash dividend on its common stock of $0.375 per share. The dividend will be paid on
Filing Documents
- scl-20240220.htm (8-K) — 50KB
- scl-ex99_1.htm (EX-99.1) — 1187KB
- scl-ex99_2.htm (EX-99.2) — 13KB
- 0000950170-24-016793.txt ( ) — 1414KB
- scl-20240220.xsd (EX-101.SCH) — 26KB
- scl-20240220_htm.xml (XML) — 5KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On February 20, 2024, Stepan Company ("Stepan") issued a press release providing its financial results for the quarter and the year ended February 20, 2024. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.
01. Other Events
Item 8.01. Other Events On February 20, 2024, Stepan issued a press release announcing that its Board of Directors declared a quarterly cash dividend on its common stock of $0.375 per share. The dividend will be paid on March 15, 2024, to common stockholders of record as of March 1, 2024. A copy of the press release is attached as Exhibit 99.2 hereto and incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit Number: 99.1 Description: Press Release of Stepan Company dated February 20, 2024 Exhibit Number: 99.2 Description: Press Release of Stepan Company dated February 20, 2024 Exhibit Number: 104 Description: Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STEPAN COMPANY Date: February 20, 2024 By: /s/ David G. Kabbes David G. Kabbes Vice President, General Counsel and Secretary